The following data is given for the Stringer Company: 908 units 1,053 units $1.8 11 11,930 $24,456 Budgeted production Actual production Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs Overhead is applied on standard labor hours. The direct materials quantity variance is O a. 2,982.00 favorable Ob. 2,982.00 unfavorable $14.60 per hour 4.1 5,422.95 $82,700 $1,080,000 $28.00 per standard labor hour $151,843